AGP Executive Report
Last update: 4 hours agoFuel Watch: Honiara consumers will see lower diesel and kerosene prices from 1 July, while petrol rises slightly, after SPOL released new wholesale and retail rates effective Wednesday. SME Finance: The Solomon Islands Government signed a revised MoU with CBSI to strengthen the SME Credit Guarantee Scheme, with SBD18 million earmarked for 2026 to improve access to business lending. Minimum Wage Process: Private sector groups urged broad provincial consultation and a full economic impact assessment before any minimum wage adjustment, warning poorly timed increases could hurt jobs and business viability. Road Resilience Upgrade: MID, under SIRAP2 with World Bank support, is improving climate-resilient road asset management by upgrading the Transport Asset Management System and training staff. Regional Security Push: Solomon Islands PM Matthew Wale told the PIF Secretariat the Pacific needs a stronger, Pacific-led security framework, citing drug smuggling and illegal fishing. Team Solomon Fundraising: Corporate backing is growing for the 2026 Commonwealth Games, with SISCC as Gold Sponsor and Our Telekom providing in-kind support. Local Energy Support: North West Choiseul received PRC funding of $100,000 for solar systems and electrical upgrades for schools, clinics, churches and households. Tourism Skills Boost: SPTO wrapped up a New Zealand-funded workshop in Nadi, training tourism data officers from Solomon Islands and other countries to strengthen evidence-based tourism planning. Independence Week Commerce: Honiara City Council will launch the Naghoniara Vaka Flea Market (5–7 July) to support local vendors and link independence celebrations with grassroots enterprise.
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